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Greece sets out broad reform plan for lenders' approval
EconomyProgrammeaccount for more than half (56 percent) of total expenditure. The non-wage benefits will be reviewed... Finance Ministry target to collect more than 3 billion euros from unpaid tax obligations
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Greek reform proposals set for broad approval but include some political obstacles
PoliticsGreek Politicsprocurements. It is in the area of the media, however, where the coalition has plans to go much further than... rather than attempting to put it to a vote in Parliament. There is no doubt that if the SYRIZA-led
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Relief at Greek extension approval evident in Athens bourse, bond yields
Economymaturities. The 3-year GGB yield fell by more than 4 percentage points (pp) to 12.6 percent from its... percent from 14.3 percent. In contrast, the 10-year GGB yield narrowed by less than 1 pp to 8.68 percent.
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Greek credit falls by 2.9 pct in Jan as lending balances reach 214 bln
EconomyMacroeconomyGreek bank credit contracted by 2.9 percent year on year (YoY) in January, which is slightly slower than the 3.1 percent recorded in December, according to the Bank of Greece (BoG). The January rate... balances rose by more than 2 billion month on month (MoM) to 214.14 billion in January from 212.04 billion
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Greek retail trade turnover index declined by 3.7 pct in December
EconomyMacroeconomydisposable income by more than 27 percent on heightened unemployment, reduced wages and pensions... months of 2015. In absolute terms, this corresponds to 4.4 billion, euros 1 billion less than
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Tsipras identifies first bills, domestic approval assured
PoliticsGreek Politicsafter tax evaders rather than have to refer their findings to tax offices, where there is often... (as set by the tax office rather than the property market) of 300,000 euros. Tsipras did not give
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Greek digital economy lagging due to weak demand, lack of skills
Societyamong Greeks is higher than overall in the EU.” On the other hand, trust the internet is also lacking... internet users that use online banking (21%) or shop online (40%) are much lower than the EU average (57
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Office prices and rents saw substantial fall in H1 2014
Economy-based rather than transaction-based and therefore they are expected to show a relative lag... an underperformance in 2011 and 2013 when the rate of decline in Athens’ rents was more than 2 percentage
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The education of Alexis Tsipras
Agorarather than Finance Minister Yanis Varoufakis who was in the Belgian capital. There is a sense... displayed greater political deftness than most would give him credit for. But, as with all journeys
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Greece submits reform proposals but Eurogroup unlikely to be moved
EconomyProgrammerespectively, making up more than one-fourth of the cumulative tax arrears. According to the proposed law... will receive a full discount of the surcharges. If the debtor pays a part of it, than he will receive
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